Local authority · E09000001 · London · all statistics for City of London
Cost of living in City of London
What the publishing bodies say about the cost of living in City of London. Each figure is the official one for this authority with its own period; the rankings count only the areas the publisher covers. Nothing is estimated for the area from a national number.
The figures
| Measure | City of London | United Kingdom | Rank (highest first) | Period |
|---|---|---|---|---|
| Average private rent, all properties ONS Price Index of Private Rents: all tenancies, not asking rents. | not published | £1,393 a month | — | |
| Median full-time pay of residents ONS ASHE by place of residence, provisional. | not published | £39,039 a year | — | |
| Band D council tax MHCLG; England only, all precepts included. | £1,330 a year | — | 294 of 296 | Year ending March 2027, released 25 March 2026 |
| Average house price HM Land Registry; −20.4% on a year earlier. | £712,958 | — | 7 of 360 | June 2026, released 20 August 2026 |
Two Civometry ratios
- House price to pay
- Not computed: one of the two figures is not published for this area.
- Rent as a share of pay
- Not computed.
- Regional spending
- Households in London spent £696 a week on average against £623 across the UK (April 2022 to March 2025 (three-year average)), ONS Family Spending. The ONS publishes no spending figure below region.